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New Delhi: Lucknow's Chaudhary Charan Singh International Airport is set to increase its daily flight movements from 108 to 134 under the upcoming winter schedule. The airport will also resume direct flights to Bangkok from November 17, offering passengers another international travel option. Airport sources shared the details on Tuesday, stating that the winter schedule will come into effect on October 25 and be fully implemented by November 1. Under the revised schedule, passengers will have air connectivity to 20 domestic and 10 international destinations, including Abu Dhabi and Riyadh. Thai AirAsia to resume direct Lucknow-Bangkok flights Direct flights between…

The National Capital Region (NCR) continues to strengthen its position as a key residential real estate market, driven by growing interest in luxury housing, rising property values and improving buyer sentiment ahead of the festive season. With Gurugram emerging as the country’s leading market for luxury housing launches by value and demand seeing a seasonal uptick across major cities, developers are introducing special festive offers to help homebuyers turn their homeownership aspirations into reality. According to a PropEquity report, Gurugram recorded residential launches worth Rs 1.38 lakh crore across 23,809 units in calendar year 2025, the highest launch value among…

The initial public offering (IPO) of Paras Healthcare Ltd will open for subscription tomorrow, and the three-day subscription window will close on October 23. Ahead of its Rs 1,450-crore public issue, the company, which operates hospitals under the Paras Health brand, has garnered Rs 652.5 crore from anchor investors. The company attracted participation from domestic and global anchor investors. According to circulars uploaded on exchanges' websites, Paras Healthcare has allotted 94,15,584 equity shares to 39 funds at Rs 693 apiece, aggregating to Rs 652.5 crore. Investors in the anchor round included SBI Mutual Fund (MF), HDFC MF, ICICI Prudential MF,…

A crore of rupees sounds like a comfortable retirement fund. And it certainly is a good amount to have. But experts are of the view that if someone is retiring at 60 and this money has to take care of your expenses until you're 85 or 90, the calculation becomes a little more complicated. “The first thing I would tell someone with a Rs 1 crore mutual fund portfolio is not to look at monthly withdrawals in isolation. Rs 40,000 or Rs 50,000 a month may look manageable today, but what happens 15 or 20 years later?” said Charu Pahuja…

Housing and retail show two sides of change in NCR. Homebuyers are looking more closely at a project's location, while malls must give consumers reasons to spend time there. CREDAI's ANAROCK Research & Advisory report brings these findings together. Indian real estate was estimated at USD 600 billion in 2025, up from USD 120 billion in 2017. The value of real estate under construction has risen from USD 94 billion in 2009 to USD 503 billion in 2025. Sales value across the top seven cities increased from Rs 2.35 lakh crore in FY22 to Rs 6.10 lakh crore in FY26.…

Ahead of its opening, Jio Platforms' initial public offering (IPO) is commanding a strong grey market premium (GMP). The Rs 30,213-crore IPO comprises 27 crore fresh shares within a price band of Rs 1,065 to Rs 1,119 per share. The issue opens from October 21 to October 23, with listing scheduled for October 28. The company plans to utilise Rs 27,500 crore of the proceeds to prepay borrowings of its material subsidiary, Reliance Jio Infocomm Ltd (RJIL). Jio Platforms IPO GMP Ahead of its opening, the IPO is commanding a strong grey market premium (GMP). According to India Infoline, it…

Jio Platforms has officially set a historic new benchmark for India's capital markets with its initial public offering (IPO), drawing unprecedented institutional interest and backing from the world’s most prominent investors. Jio Platforms has attracted aggregate institutional demand of approximately Rs 2,50,000 crore, marking the first time an Indian IPO has crossed this landmark threshold. This unprecedented response establishes a new benchmark for India’s primary capital markets and reflects the extraordinary scale of investor interest in Jio Platforms.   The Rs 8,110 crore anchor book attracted demand exceeding 30 times its size. This exceptional response represents a powerful endorsement of the…